All articles by Brendan Malkin
Brendan Malkin
Cattles interested in London Scottish
Cattles is reportedly interested in purchasing a slice of London Scottish, the UK bank which this week saw its share price fall by nearly 10 per cent following revelations of a capital shortfall
SG launches US business
SG launches US business SG Equipment Finance has launched a US subsidiary extending the size of its global reach to 23 countries Juergen Jonczyk, the executive vice president of credit and operations for CG Commercial Funding, has joined SG Equipment Finance USA as head of risk and operations
Bank of Cyprus to launch equipment leasing in Russian
Bank of Cyprus to launch equipment leasing in Russian Bank of Cyprus, a major asset finance provider in the Greek market, is planning to launch a leasing operation in Russia in order to capitalise on growing demands for loans in the country.
TietoEnator to keep some leasing business post German sale
TietoEnator to keep some leasing business post German sale Nordic IT services vendor TietoEnator has agreed to a management buy-out of its reinsurance and leasing business in Germany
Revealed: Angel Trains up for sale
The Royal Bank of Scotlands rolling stock leasing subsidiary, Angel Trains, is up for sale as part of the banks bid to raise extra cash for its proposed buyout of ABN AMRO
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Riding the tide
The Greek operation Piraeus Leasing is holding up well during the credit crunch For Piraeus Leasing, the second largest lessor in Greece and a major international player, there appears to have been almost no let up in its deal breaking
Crunch time for the British
While speakers at last months asset finance executive briefing, organised by the leasing consultancy Invigors, peppered their presentations with promises of a bright new future, almost in the same breath they announced that things are worse today than they were during the great depression, at least for the banking community.
Riding out the perfect storm
It could not have happened at a worse time. With recession just around the corner, the vendor finance arm of CIT took an unexpected hit that had little to do with the impending economic doom It was connected to various vendor finance acquisitions the company made between 2004 and 2006.